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Bullboard - Stock Discussion Forum Xali Gold Corp V.XGC

Alternate Symbol(s):  CGDXF

Xali Gold Corp. is a Canada-based mineral exploration company that has gold and silver projects in Peru and Mexico. It operates in three geographical areas: Peru, Mexico and Canada. Its Mexican Properties include El Oro Hard Rock, El Oro Tailings and Western Mexico. Its Peruvian Properties include Tres Marias. Its flagship asset, El Oro Project, is a gold project encompassing the gold-silver... see more

TSXV:XGC - Post Discussion

Xali Gold Corp > El Oro is underground
View:
Post by horsewithnoname on Jun 06, 2024 3:38am

El Oro is underground

past and current administration had special issues regarding open pit mining - el oro is 100% underground so maybe an advantage as time moves on as many mining operations will be idle due to loss of mill feed from open pit mining enterprises and pressure will be mount to compensate - if underground works ok. Will see if they can move forward with the backfill proposal if so - that would be an excellent sign.

Let´s see I would have preferred Xochitl but the populus is always right :)
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